9 entries tagged “solana”.
A Solana memecoin riding rumors of a Jordan Belfort ('Wolf of Wall Street') token. Launched March 8, 2025 with ~82% of supply bundled under one entity, it peaked near $42M and then crashed ~99% within two days. On-chain analysts (Bubblemaps) traced it to Hayden Davis, of $LIBRA/$MELANIA infamy.
A Solana yield aggregator launched via the SolPAD launchpad that went dark in Aug 2021 after withdrawing liquidity — one of Solana's first major rug pulls. CoinDesk verified ~$6.7M removed; funds were reportedly bridged to Ethereum and routed through Tornado Cash.
Impersonation + giveaway scam using a fake Solana Foundation account to solicit SOL for '2x rewards'.
A Solana memecoin launched on Pump.fun in November 2024 by a teenager who 'rug-pulled' it live on stream, selling his ~51M tokens for ~128 SOL (~$30K). He repeated the move with further tokens; the community then doxxed him and ironically pumped QUANT.
A Solana stablecoin drained of about $52.8M on March 23, 2022 via an 'infinite mint' bug: missing collateral-validation let an attacker mint ~2B CASH with worthless tokens, collapsing the peg to near zero. The attacker left a message saying small accounts were refunded.
A Solana DEX whose MNGO token was manipulated by trader Avraham Eisenberg in Oct 2022 to borrow ~$110M against an inflated position. He returned ~$67M; a 2024 jury conviction was vacated on appeal in 2025 (venue + no material misstatement), which prosecutors appealed.
A Solana memecoin tied to viral personality Haliey Welch, launched Dec 4, 2024. Its market cap reached ~$490M before falling 95%+ within hours, prompting rug-pull/pump-and-dump allegations and a securities lawsuit against the operators (not Welch).
A Solana memecoin created by Kelsier Ventures (led by Hayden Davis). After Argentine President Javier Milei promoted it on Feb 14, 2025, its market cap briefly topped ~$4.5B before insiders sold; reporting describes a rug pull with about $251M in investor losses.
The Wormhole bridge between Solana and Ethereum was exploited for about $325M (120,000 wETH) in February 2022 after a signature-verification flaw let the attacker mint unbacked tokens. Backer Jump Crypto replenished the funds.